Read on to discover what our robot, Athena, thinks the future of the Internet of Things climate could be, act accordingly, or click any link to read the evidence gleaned from 6.843 reports, articles and PowerPoints from the Web and Social Media in a few seconds.

Read on to discover what our robot, Athena, thinks the future of the Internet of Things climate could be, act accordingly, or click any link to read the evidence gleaned from 6.843 reports, articles and PowerPoints from the Web and Social Media in a few seconds.

Analysis

Systems map: The systems map shows the global influence and many expected impacts of the Internet of Things on other technology advances. The potent mix of the IoT with AI, 5G, the Internet, blockchain etc. present a heady mix of emerging change affecting everyone's future lives.

Radar chart: By 2025, the IoT is likely to be a significant job and economic growth creator, particularly in smart city rollouts, vehicle and aerospace businesses and computing sectors.

Graph-It: And also, by 2025, IoT will combine with AI to provide real-time decision-making on everything from energy use to potential fault reporting, soil health to inventory control, far beyond what is humanly possible today.

Spline (Beta):This shows the aggregated pundit' and expert' view on where the likely future tipping/inflection points and peak will be for the Internet of Things going forward. The chart below shows that the peak for IoT will build up to 2035 when current expectations are that this technological transformation will reach business as usual for the rest of the century.

Emerging Drivers:While digitization and AI are today's top technological driving forces, IoT is forecast to be in the next significant wave of emerging change along with robotics. The combination of these will profoundly change today's world and transform business practices and models everywhere with a huge impact on economic performance.

Sentiment: The arrival of the Internet of Things is seen as very positive but increasing number of pundits and experts have pointed out chances of systems failures and bad actors hacking systems for gain or pure destructive purposes that may kill or injure many people.

Pie Charts: The Pie Charts suggest that the public will embrace the IoT as business as usual from 2038 onwards. Athena records that the IoT is already at 50.4% business as usual with a further 35.9% of probable improvements likely to happen in the next decade. The rewards are great for the major players running into billions and trillions of dollars among them IBM, Google, Intel, Microsoft, Cisco, Apple and SAP as well as Konux, DHL, Nexiot, Hitachi, Huawei, GE and Rolls Royce.

So, if you haven't yet worked out your future strategy versus the arrival of IoT you are leaving it very late!

Year-on-Year:Almost all sectors will benefit from the introduction of the IoT and almost all major players are now working on their own opportunities and risks.

Heat map: The Heat Map shows the United States and China vying for leadership, primarily in the Information Technology sector. But the United Kingdom sees opportunities in healthcare while India sees an opportunity in construction.

Geography:Athena reports that, geographically the top ten countries likely to embrace the IOT are India, Brazil. United States, UK, Mexico, Australia, China, South Korea, Italy and Sweden.There are some notable absentees here like Canada, Germany and France.

SWOT: Lastly, the SWOT chart, like the previous IoT sentiment analysis shows the aggregate level of opportunities and strengths to vastly outweigh weaknesses and threats.

Visuals
For more detailed explanation of the graphics below please click here.

System map
The systems map shows the global influence and many expected impacts of the Internet of Things on other technology advances. The potent mix of the IoT with AI, 5G, the Internet, blockchain etc. present a heady mix of emerging change affecting everyone's future lives.

Radar
By 2025, the IoT is likely to be a significant job and economic growth creator, particularly in smart city rollouts, vehicle and aerospace businesses and computing sectors.

 

Graph-It
And, by 2025, IoT will combine with AI to provide real-time decision-making on everything from energy use to potential fault reporting, soil health to inventory control, far beyond what is humanly possible today.

Spline (Beta)
This new representation shows the aggregated pundit' and expert' view on where the likely future tipping/inflection points and peak will be for the Internet of Things going forward. The chart shows that the peak for IoT will build up to 2035 when current expectations are that this technological transformation will reach business as usual for the rest of the century.

Please note the dips in 2027-2029 and 2032-2034 are purely due to the pundits and experts mainly choosing the closest five-year time horizon e.g. 2015, 2030, 2035 for their forecasts and should not be taken as inflection points.

Emerging Drivers
While digitization and AI are today's top technological driving forces, IoT is forecast to be in the next significant wave of emerging change along with robotics. The combination of these will profoundly change today's world and transform business practices and models everywhere with a huge impact on economies.

Sentiment
The arrival of the Internet of Things is seen as very positive but increasing number of pundits and experts have pointed out chances of systems failures and bad actors hacking systems for gain or pure destructive purposes that may kill or injure many people.

Pie Charts
The Pie Charts suggest that the public will embrace the IoT as business as usual from 2038 onwards. Athena records that the IoT is already at 50.4% business as usual with a further 35.9% of probable improvements likely to happen in the next decade. The rewards are great for the major players running into billions and trillions of dollars among them IBM, Google, Intel, Microsoft, Cisco, Apple and SAP as well as Konux, DHL, Nexiot, Hitachi, Huawei, GE and Rolls Royce.

So, if you haven't yet worked out your future strategy versus the arrival of IoT you are leaving it very late!

Year-on-Year
Almost all sectors will benefit from the introduction of the IoT and almost all major players are now working on their own opportunities and risks.

Heat map
The Heat Map shows the United States and China vying for leadership, primarily in the Information Technology sector. But the United Kingdom sees opportunities in healthcare while India sees an opportunity in construction.

Geography
Athena reports that, geographically the top ten countries likely to embrace the IOT are India, Brazil. United States, UK, Mexico, Australia, China, South Korea, Italy and Sweden.There are some notable absentees here like Canada, Germany and France.

SWOT
Lastly, the SWOT chart, like the previous IoT sentiment analysis shows the aggregate level of opportunities and strengths to vastly outweigh weaknesses and threats.

Evidence
Extracted forecasts found by Athena and linked back to the original articles, reports and PowerPoints (Insights) that she found can be found below using this search term:

• IoT or 'Internet of Things'

rate

• The number of cellular IoT connections will reach 4.1 billion in 2024-increasing at an annual growth rate of 27%.
• IoT infrastructure will rise from $19.65 billion in 2017, to $223.05 billion by 2026, a compound rate of growth of 30.9%.
• Internet of things spending is forecasted to experience a compound annual growth rate of 13.6% over the 2018 to 2022 period and reach $1.2 trillion.
• The total number of IoT devices in operational deployments will surpass 28 billion worldwide within two years, representing a compound annual growth rate of 17.5 per cent between 2016 and 2020.
• The global market for Internet of Things technology, which consists of software, services, connectivity, and devices, reached $130 billion in 2018, and is projected to reach $318 billion by 2023, at a compound annual growth rate of 20 per cent.
• Global revenue associated with IoT solutions for small and medium commercial buildings is expected to increase from $533.8 million in 2018 to more than $4 billion in 2027 at a compound annual growth rate of 25.1%, according to a new report from Navigant Research.

market

• Deployment of automation and control and sensing systems to steer the application of oil and gas is expected to augment the growth of the market.
• market will generate revenues of $10,893 million in 2019.
• Of the 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion-a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion - a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• The global market for Internet of Things technology, which consists of software, services, connectivity, and devices, reached $130 billion in 2018, and is projected to reach $318 billion by 2023, at a compound annual growth rate of 20 per cent.
• Analyst firm Yole Développement expects the global market for MEMS and sensors to double in the next five years, reaching $100 B by 2023, spurred by growth of autonomous mobility products such as Internet of Things devices, autonomous cars, fitness and healthcare wearables, and agricultural sensors.

device

• From 2017 to 2022, IHS Markit forecasts a 38 percent compound annual growth rate in the cumulative number of IoT devices under management by an AEP, rising to 6.7 billion devices under management by 2022.
• Per IOT Analytics, the number of IoT devices that are active is expected to grow from 7 billion in 2018 to 10 billion by 2020 and 22 billion by 2025, including devices on the consumer and enterprise side.
• In the worldwide IoT alone, devices are projected to increase from 8.4 billion in 2017 to 20.4 billion by 2020.
• By 2023, to enable timely decision making, 45% of national government will deploy edge intelligence and perform initial data processing of IoT, networks, or other devices at the point of action.
• By 2025 there will be 75.4 billion connected devices in use, while another recent report found over half of IT leaders are investing or planning to invest in the IoT.
• With the rise in connected devices, the Internet of Things security market is expected to hit $9.88 billion by 2025.
• The number of connected IoT devices worldwide will jump 12 percent on average annually, from nearly 27 billion in 2017 to 125 billion in 2030.
• Avnet will demonstrate the innovative Music: Not Impossible device, a wearable technology developed in partnership with Not Impossible Labs that enables both deaf and hearing fans to experience live music in a new way.

internet

• Asia Pacific is expected to house 8.6 billion Internet of Things devices by 2020 and become the world's largest 5G region with 675 million 5G connections by 2025.
• The Global Smart Home market is growing with the rapid pace; mainly due to the advent of automation and high adoption of internet of things in automotive industry.
• The Internet of Things will continue its rise to real estate dominance in 2019.
• Internet of things spending is forecasted to experience a compound annual growth rate of 13.6% over the 2018 to 2022 period and reach $1.2 trillion.
• Globally business to client B2C commerce is projected to invest $25 billion into Internet of things systems, software and platforms within two years.
• The Internet of Things market is predicted to grow to $1.2 trillion by 2022.
• Growth in the Internet of Things industry will accelerate in 2019.
• China's e-commerce giant JD.com and global chipmaker Intel Corporation have launched a joint lab that will explore the use of Internet of Things in smart retail solutions, announced JD.com in a statement released today.

spending

• Gartner predicts spending on IoT Endpoint Security solutions will increase from $240M in 2016 to $631M in 2021, attaining a CAGR of 21.38%.
• 86% of enterprises expect to increase their spending on IoT in 2019 and beyond.
• Spending on IoT will hit 1.4 trillion dollars by 2021.
• IDC thinks that while the majority of IoT spending today is on hardware - modules and sensors - more than 55 per cent of spending will go on software and services by 2021.
• The huge potential means that IoT is likely to dominate IT budgets for years to come, with 96% of companies expecting to increase their spending on these technologies over the next three years.
• Consumer IoT spending will reach $108 billion in 2019, making it the second largest industry segment.
• Three use cases - fixed visual surveillance, advanced public transit and smart outdoor lighting - will attract nearly one-quarter of global spending on IoT in smart cities this year.
• According to Gartner's market researchers, global spending on IoT security will increase to $1.5 billion this year.
• Gartner predicts that global spending on IoT security will amount to $1.5 billion in 2018.
• Overall IoT spending is expected to reach $1.2 trillion in 2022, based on data from IDC.
• Internet of things spending is forecasted to experience a compound annual growth rate of 13.6% over the 2018 to 2022 period and reach $1.2 trillion.
• Total spending on IoT will reach $1.2 trillion by 2022.
• There are signs of an increasing appetite for IoT devices within the healthcare industry globally: worldwide spending on IoT in healthcare is expected to grow from $41.22bn in 2017 to reach $405.65bn by 2026.
• IoT connectivity spending will total $83 billion in 2019.
• IoT software spending will total $154 billion in 2019 and will see the fastest growth over the five-year forecast period with a CAGR of 16.6 percent.

asia

• Primarily driven by rapid adoption of innovation accelerator technologies, such as Internet of Things, Artificial Intelligence and Augmented & Virtual Reality, IDC expects ICT spending in Asia Pacific to cross the US$1.5 trillion mark in 2021.
• Of the 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion-a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion - a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• Of the total cellular IoT connections forecast for 2024, Northeast Asia is expected to account for 2.7 billion.

city

• By 2021, almost all cities will draw on IoT and real-time data.
• With more international cities expected to roll out throughout 2019, MXC is focusing on giving Blockchain a true purpose within the IoT world.
• The modern smart city already constitutes a massive web of interconnected technologies, and that web is expected to grow rapidly, with Gartner projecting that 9.7 billion IoT devices will make up the typical smart city by 2020.
• Three use cases - fixed visual surveillance, advanced public transit and smart outdoor lighting - will attract nearly one-quarter of global spending on IoT in smart cities this year.

report

• A new report from Juniper Research has found that the IoT payments market will grow at an average of 75% per annum over the next 5 years; reaching $410 billion by 2023.
• According to a new report from the IoT analyst firm, Berg Insight, the installed base of smart electricity and gas meters in Europe will grow by 22% in 2018 to reach 151.9 million.
• Global revenue associated with IoT solutions for small and medium commercial buildings is expected to increase from $533.8 million in 2018 to more than $4 billion in 2027 at a compound annual growth rate of 25.1%, according to a new report from Navigant Research.
• By 2025 there will be 75.4 billion connected devices in use, while another recent report found over half of IT leaders are investing or planning to invest in the IoT.
• A recent report by Custom Market Insights predicts the NB-IoT market will grow at a CAGR of 90% between now and 2025.
• According to the 2017 Thales Data Threat Report, most U.S. retail organizations planned to use sensitive data in an advanced technology environment such as cloud, big data, Internet of Things or containers this year.

number

• The number of cellular IoT connections will reach 4.1 billion in 2024-increasing at an annual growth rate of 27%.
• The number of IoT connected devices could reach to 50 billion by 2020, far exceeding the number of mobile phones and PCs, people will use voice first to interact with them.
• By 2020, the number of IoT devices is projected to exceed 20 billion, fuelled by continued technological advances and the plummeting costs of computing, storage and connectivity.
• To put things in perspective, the number of connected devices stands at roughly 7 billion today and is expected to hit nearly 20 billion by 2020.
• The number of internet-connected devices -- the gadgets that make up the internet of things -- is expected to reach 4.1 billion in 2024.
• The number of connected IoT devices worldwide will jump 12 percent on average annually, from nearly 27 billion in 2017 to 125 billion in 2030.
• The uptake of 5G is also expected to drive the growth of the number of cellular Internet of Things connections worldwide, with cellular IoT connections expected to surpass 4 billion by 2024.
• From 2017 to 2022, IHS Markit forecasts a 38 percent compound annual growth rate in the cumulative number of IoT devices under management by an AEP, rising to 6.7 billion devices under management by 2022.

connection

• Asia Pacific is expected to house 8.6 billion Internet of Things devices by 2020 and become the world's largest 5G region with 675 million 5G connections by 2025.
• The number of cellular IoT connections will reach 4.1 billion in 2024-increasing at an annual growth rate of 27%.
• Of the 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion-a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• The uptake of 5G is also expected to drive the growth of the number of cellular Internet of Things connections worldwide, with cellular IoT connections expected to surpass 4 billion by 2024.
• 4.1 billion cellular IoT connections forecast for 2024, North East Asia is anticipated to account for 2.7 billion - a figure reflecting both the ambitions and size of the cellular IoT market in this region.
• By 2022 more than half of all IP network connections around the world will be some form of IoT or M2M device, instead of a laptop or smartphone.
• Of the total cellular IoT connections forecast for 2024, Northeast Asia is expected to account for 2.7 billion.

global economy

• McKinsey & Company, another international management consulting firm, estimates that IoT will have an $11.1 trillion impact on the global economy by 2025.
• The industrial Internet of Things, a part of the broad digital opportunity, is projected to add US$15 trillion of value to the global economy by 2030.

Question

• IoT powered connected cars - final frontier of automotive intelligence?
• Does the IoT warrant its own regulations, or do existing policies suffice?
• How are firms leveraging IoT today?

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Sources
Athena used the sources below as the top ones to create this report and determined which embedded forecasts are included in this Trend Alert. She found 10.787 forecasts in seconds on 10th January 2018 to allow us to publish this report in less than ninety minutes. She can turn these into PowerPoint slides and Audio files in minutes too as you wish, or we can prepare a full customized and professionally written brief for you to order covering all these forecasts.

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Athena
Athena does show duplicates to aid your understanding of themes as well as contradictory forecasts. She may also show near-duplicates. You can speed read past the duplicates and near-duplicates if you wish, though the latter may show additional information. You can use the contradictory, and likely uncertain forecasts she finds to imagine different scenarios. The future is unpredictable, but we can examine the po